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The global market for direct-fed microbials reached $784 million in 2016. This market is estimated to reach nearly $1.3 billion in 2022 from $851 million in 2017 at a compound annual growth rate (CAGR) of 8.1% for 2017-2022

LONDON, Nov. 1, 2017 () — • The global market for direct-fed microbials reached $784 million in 2016. This market is estimated to reach nearly $1.3 billion in 2022 from $851 million in 2017 at a compound annual growth rate (CAGR) of 8.1% for 2017-2022.

• The market for lactic acid bacteria is expected to grow from $527 million in 2017 to $794 million in 2022 at a CAGR of 8.5% from 2017 through 2022. • The market for bacillus is expected to grow from $218 million in 2017 to $312 million in 2022 at a CAGR of 7.4% from 2017 through 2022.

Study Goals and ObjectivesThe goals and objectives of this study are to:• Define as well as identify key market segments and market structure in direct-fed microbial technologies. • Measure as well as estimate the global direct-fed microbials market and its market segments, which include application, product categories, end users, mode of delivering direct-fed microbial products, and geographic segmentation. • Identify key market dynamics and the factors that have an impact on the global direct-fed microbials market and its subsegments. • Identify the trends, gaps and opportunities in each of the micromarkets. • Focus exclusively on geographic segmentation. Analyze trends and opportunities in major regions: North America, Europe, Asia, and the Rest of the World (ROW). • Identify major stakeholders, product portfolio and recent developments and draw a competitive landscape for the market leaders.

Reasons for Doing This StudyDirect-fed microbials contain live bacterial strains that help in the growth and development of animals. These beneficial organisms are replacing antibiotics, which have been used for a long time. However, due to the risk of development of antimicrobial resistant organisms, the use of antibiotics as growth promoters for animal production has been banned.

The administration of direct-fed microbials enhances meat and milk production in animals such as cattle and poultry. In addition, these products modulate the immune response of animals and inhibit the growth of pathogenic organisms in the gastrointestinal tract of animals.

Scope of ReportThis research report presents an in-depth analysis of the global direct-fed microbials market by product type, livestock, form, and geographic markets. The report includes key direct-fed microbial products that are used for animal production.

The report discusses the role of supply chain members from manufacturers to researchers. The report includes an in-depth analysis of key companies operating in the global direct-fed microbials market. In-depth patent analysis in the report will focus on extensive technological trends across years and geographies such as the U.S., Europe, and China. Estimated values used are based on manufacturers’ total revenues. Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation.

The direct-fed microbials market is mainly segmented into four major components: product type, livestock, form, and by region. Based on product type, the market is segmented into lactic acid bacteria, bacillus, and other organisms. Lactic acid bacteria are further classified into lactobacilli, and streptococcus thermophilus. Bacillus is further bifurcated into bacillus subtilis and bacillus licheniformis.

Other organisms include propionibacterium, prevotella bryantii, and other live organisms. On the basis of livestock, the market is categorized into swine, poultry, ruminants, aquatic animals, and other livestock animals. Other livestock animals include pets and equine. On the basis of form, the global direct-fed microbials market is further bifurcated into dry and liquid form.

The market is segmented by geography into the North America, Europe, Asia-Pacific, and Rest of the World (ROW). ROW includes countries such as Brazil, Argentina, Egypt, South Africa, Chile, Colombia, Turkey, Iraq, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates.

MethodologyThe global direct-fed microbials market was assessed and calculated through a bottom-up approach that involved identifying the market revenues of the micromarkets that make up the macromarkets. The following process was followed to ensure quality and consistency of estimates.• In-depth primary and secondary research was conducted. • Primary research included gathering intelligence from key market players. The participants of interviews included CEOs, key opinion leaders, product heads, and directors. • Secondary research not only included collation of data from freely available sources but also paid subscriptions from specialized industry magazines and websites. • To best assure triangulation of market estimates, the derived values were again validated through primary research. • Key factors considered during market estimations were price, volumes, incidence and prevalence rates, number of procedures, etc. • The geographic segmentation was assessed through various parameters such as the number of players in a particular region, incidence and prevalence rates, the extent of research activity occurring in that geography and future potential. • For this research, we referred to a host of sources, namely technical journals, government publications, companies’ presentations, investors presentations, magazines, animal production and feed industry specialized business intelligence forums, company product portfolios, and others.

Carrie Brunner grew up in a small town in northern New Brunswick. She studied chemistry in college, graduated, and married her husband one month later. They were then blessed with two baby boys within the first four years of marriage. Having babies gave their family a desire to return to the old paths – to nourish their family with traditional, homegrown foods; rid their home of toxic chemicals and petroleum products; and give their boys a chance to know a simple, sustainable way of life. They are currently building a homestead from scratch on two little acres in central Texas. There’s a lot to be done to become somewhat self-sufficient, but they are debt-free and get to spend their days living this simple, good life together with their five young children. Carrie writes mostly on provincial stories.

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NB Herald began as the Moncton Weekly Tribune in 1868. Ever since, the NB Herald has served as the voice of southeastern New Brunswick. The papers merged as NB Herald in 1983 to form a dynamic media company dedicated to the future of the region.